by alison | May 28, 2024 | Critical Illness Insurance, Insurance Options, Limited Indemnity Medical Insurance , Short Term Medical Insurance, Supplemental Insurance
Healthcare is an essential aspect of life, and it is crucial to have access to quality healthcare services. The Affordable Care Act (ACA) has been a momentous change, improving access to health insurance since its inception. However, as the years go by, it is important to continuously evaluate and explore your alternative insurance options that may better suit your individual needs.
In this comprehensive guide, we will explore the best insurance alternatives to ACA in 2024. We will address recent changes to ACA, the need for these alternatives, and undertake a detailed comparison of available options.
Whether you are a gig worker trying to understand medical insurance, a small business owner looking for affordable healthcare options for your employees, or simply an individual wanting to explore different insurance choices, this guide will provide valuable insights and recommendations.
Changes to ACA in 2024
The ACA, also known as Obamacare, has undergone significant changes since its implementation in 2010. These changes have had a direct impact on healthcare costs, coverage options, and enrollment periods for individuals and families.
As of 2024, the ACA is set to undergo another major shift with the introduction of the American Rescue Plan Act (ARPA). This federal law aims to make healthcare more affordable for Americans by providing temporary subsidies and expanding eligibility for financial assistance.
Cities and counties will receive a total of $130.2 billion to utilize until December 31, 2024, under the administration of the U.S. Treasury Department.
The premiums are rising by an average of 5% in 2024. Premiums for the lowest cost bronze plans (the least expensive plans on the Marketplaces) are also rising by as much as 6%. This also depends on the state, so you can check on a state-level using the data here).
The Need for Alternatives to ACA
Many individuals and families may still struggle to afford healthcare coverage. This is especially true for those who are not eligible for subsidies or financial assistance.
Moreover, there may be limitations in coverage and choices with ACA plans, making it difficult for some individuals to find suitable options for their specific needs. As a result, exploring alternative insurance options may be necessary to ensure comprehensive and affordable coverage.
Some individuals may also want more flexibility, such as the ability to choose their healthcare provider or have access to a wider network of doctors and hospitals. ACA plans may not always provide these options, making alternatives worth considering.
Comparison of Alternative Insurance Options
There are various alternative insurance options available in 2024, each with its own unique features and benefits.
Here are some of the top options to consider:
Short-Term Medical Insurance
Short-term medical insurance plans offer a bridge for coverage gaps. These plans may be a cost-effective solution for those in transition periods, such as recent graduates or individuals between jobs. It is also great for COBRA insurance alternatives, retirees, or healthy people looking for catastrophic coverage.
Eligibility
Short-term medical insurance is open for enrollment throughout the year but varies by state regulations and individual insurance providers.
Coverage
These plans cover emergency medical services and sometimes other basic care but may not cover pre-existing conditions or preventive services.
Cost
Short-term plans generally have lower monthly premiums compared to ACA plans; however, they may carry higher deductibles and out-of-pocket maximums. It is important to carefully review the terms and coverage limits before enrolling in these plans.
Private Faith Based Plans
Private faith-based plans, also known as healthcare sharing ministries, are an alternative to traditional health insurance. These plans are based on a community of individuals who share common religious beliefs and pool their resources to cover each other’s medical expenses.
Eligibility
Eligibility for health sharing ministries typically requires members to adhere to certain lifestyle standards and agree to a specific set of faith-based principles.
Coverage
Health sharing ministries provide coverage for a wide range of medical services, but the specifics can vary between organizations. Pre-existing conditions may have a waiting period for inclusion in coverage. However, faith-based plans are technically not health insurance. So, it is important to do your research.
Cost
Members contribute a set monthly share amount, often significantly less than ACA premiums, with additional out-of-pocket expenses that could apply depending on the policyholder’s needs.
Limited Indemnity Medical Plans
Limited indemnity medical insurance plans, also sometimes known as mini-med plans, work differently than your traditional type of insurance. Typically, you will select your provider or hospital, and the insurance plan will reimburse you a fixed sum for each covered benefit, irrespective of your actual medical expenses’. You then can Utilize the funds to settle your doctor’s bills, mortgage, or any necessary expenses if you are hospitalized and unable to work.
Eligibility
Eligibility varies by state regulations and individual insurance providers. Some plans may have restrictions based on age, pre-existing conditions, or other factors.
Coverage
Limited indemnity medical plans provide lump sum payments for specific services that are covered, with benefit limits on the amount paid out for each service. These plans also may not cover pre-existing conditions.
Cost
Monthly premiums for limited indemnity medical plans are typically lower than ACA premiums; however, they may not provide comprehensive coverage and may have higher out-of-pocket costs.
There are pros and cons of limited indemnity medical plans, so make sure to carefully review the terms and benefit limits before enrolling.
Private Health Insurance Plans
While ACA plans may be the most well-known option, private health insurance plans are still available and often offer more flexibility in coverage options. Private plans can range from full-coverage PPOs to catastrophic high-deductible plans, providing individuals with options based on their specific needs and budget. Private health plans still must follow ACA rules to include the 10 essential mandated benefits.
Eligibility
Eligibility for private health insurance varies depending on the provider and state regulations.
Coverage
Private health plans offer a range of coverage options, including preventive care, prescription drugs, and hospitalization. The specifics of the coverage will depend on the plan selected.
Cost
The cost of private health insurance can vary depending on factors such as age, location, and the specific plan chosen. It is important to compare plans and consider potential out-of-pocket costs before enrolling.
Making an Informed Decision
With various alternative insurance options available, it is important to assess your needs and budget before deciding. Consider factors such as coverage limitations, eligibility requirements, out of pocket costs and premium costs when comparing plans.
Additionally, be sure to thoroughly research the reputation and financial stability of the insurance provider before enrolling in any plan. With the right information and careful consideration, you can find an insurance solution that meets your needs and provides you with peace of mind. While also staying within your budget and means.
So, it is important to explore all the options available and make a well-informed decision for your health coverage in 2024. Whether you choose short-term medical insurance, private faith-based plans, limited indemnity medical plans, or private health insurance, taking the time to research and compare plans can help you find the best fit for your individual needs.
You can also consult with us here at SGIC Medical Insurance for guidance and advice on finding the right insurance plan for you. Contact us via the contact form below.
This article is intended to provide general information about insurance. It does not describe any one Southern Guaranty Insurance Company product or feature.
by alison | Jan 25, 2024 | Short Term Medical Insurance, Supplemental Insurance, Uncategorized
Freelancers, creative professionals, and solopreneurs are part of a fast-growing economy known as the gig economy. The COVID-19 pandemic has only made the gig economy more popular as people venture into remote work.
However, these workers often struggle to find adequate insurance that meets their needs, particularly when it comes to health insurance. While being a gig worker gives you greater control over your time, it can also come with some challenges, particularly related to health insurance.
It’s a well-known fact that most gig workers don’t receive health insurance benefits from their employers/clients, which can make it challenging to access affordable healthcare.
However, the good news is that there are options available to gig workers so that they too can enjoy the benefits of health insurance. This article will provide valuable insights into health insurance options available for gig workers so that you know what to look for when selecting the best plan for you.
The Basics of Gig Workers Health Insurance
As a gig worker, you are considered self-employed. This means that you don’t have an employer to provide health insurance benefits to you. Therefore, it’s your responsibility to find and purchase health insurance on your own.
There are various types of insurance options available for gig workers, including individual plans, group plans, and marketplace plans. To get started, let’s take a look at a few basic things to know and understand.
The Different Costs
One of the essential things any gig worker must consider while shopping for health insurance is the cost. For starters, premiums, deductibles, co-pays and coinsurance percentage are important expenses to look out for when choosing a plan.
Your premium is the amount you pay monthly (or yearly) to keep your insurance policy active. Co-pays refer to the fixed amounts you are responsible for paying for certain covered services like visiting your doctor, while your deductible is the total out-of-pocket amount you are willing to pay before insurance payments kick in. A lower monthly premium often translates to higher deductibles and co-pays.
All too often, consumers purchase a plan with premiums they can afford, but with a deductible they cannot. They do not realize that until the deductible is met, most claims (or bills) will not be paid by the insurance company. However, some companies, such as Southern Guaranty Insurance Company (SGIC), offer personalized supplemental coverage that can fit many budgets. Finally, the coinsurance percentage you choose is how you share costs with your insurance company after you meet your deductible. For example, if you purchase a plan with 80/20 coinsurance, it means that after your deductible is paid, the insurance company pays 80% and you pay 20% of covered medical bills.
What The Plan Covers
It’s crucial to pay attention to what the plan covers. Before signing up for any health insurance plan, it’s vital to ensure it caters to your medical needs, which can include anything from coverage for regular checkups, preventive services, and other essential medical care.
Other essential features to consider include emergency care, prescription drug coverage, and mental health coverage. Since gig workers often have unpredictable schedules, comprehensive coverage ensures that they are well-covered should any complications arise.
With so many different options out there, all covering different things, it’s crucial to know what you need so that you can find a plan that covers it.
Is it Conducive to the Freelance Lifestyle?
Another essential aspect to consider is how user-friendly the health insurance plan is. As a gig worker, having a streamlined and easy-to-use plan for your health insurance is a massive plus.
You don’t want to spend hours trying to figure out the details of your insurance plan, especially when you have a busy schedule. Look for a plan that offers an online portal to easily track claims, and payments, and manage your account.
Understand Open-Enrollment Periods
It’s important to understand open enrollment periods for major medical plans since they are set at certain times of the year. Meaning you can only enroll in or change your health insurance plan during that period. As a gig worker, it’s vital to keep track of these dates and ensure that you are covered throughout the year. Some plans may offer special enrollment periods if there has been a significant life event, such as getting married or having a child.
Enrollment periods can vary from state to state, so it’s important to know the rules and deadlines in your area. Generally, though, it’s from Nov. 1 to Jan. 15.
If you do miss out on open enrollment, don’t just panic yet. There are still a few more options available to you, which we’ll touch on shortly.
What are My Options?
Now that you have a basic understanding of what to look for in health insurance as a gig worker, let’s explore some available options.
Limited Indemnity Medical Insurance
A medical insurance option with lower premiums is a Limited Indemnity Medical Insurance policy. This type of supplemental insurance pays a fixed, predetermined amount when covered medical events occur, such as doctor visits, hospital stays, and diagnostic tests. It’s an affordable way to supplement your income in case unexpected medical events occur while freelancing or working in the gig economy. Please note that limited indemnity plans are not meant to be used as your primary medical coverage and they typically exclude pre-existing conditions.
Marketplace Plans
Marketplace plans or ACA (Affordable Care Act) Plans are available for individuals and families who do not have access to health insurance through an employer. These plans offer comprehensive coverage and may be more affordable than individual plans. Remember, ACA plans are only available for purchse during your state’s open enrollment period or after a qualifying life event.
Short Term Medical Insurance
Another viable option for gig workers is Short-Term Medical Insurance. As the name suggests, this insurance plan provides temporary health coverage for a short period, typically between 30 and 364 days. If you’re in between jobs or transitioning to a new job, Short Term Medical Insurance can help you stay protected. Premiums tend to be lower for short term coverage than for ACA-compliant plans, so it can serve as a temporary safety net for someone on a limited budget. Please note that the availability of short term plans varies by state and they typically exclude pre-existing conditions in the base coverages.
This is also an excellent option if you missed the open enrollment period since you can sign up for a short term medical insurance plan any time of the year.
Medicare
Medicare is a federal health insurance program in the United States primarily for people aged 65 and older, although it also covers certain younger people with disabilities and individuals with End-Stage Renal Disease (permanent kidney failure requiring dialysis or a transplant). The program helps with the cost of health care, but it does not cover all medical expenses or the cost of most long-term care. Medicare is divided into parts:
Part A (Hospital Insurance): Covers inpatient hospital stays, care in a skilled nursing facility, hospice care, and some home health care.
Part B (Medical Insurance): Covers certain doctors’ services, outpatient care, medical supplies, and preventive services.
Part D (Prescription Drug Coverage): Offers prescription drug coverage to everyone with Medicare.
There is also Medicare Advantage (Part C), an alternative to Original Medicare that is offered by private companies approved by Medicare and includes all benefits and services covered under Part A and Part B, usually including prescription drug coverage.
Medicare Supplement Insurance (Medigap)
If you’re working over the age of 65 as gig worker and are already enrolled in Medicare Part A and Part B, you may be eligible for Medicare Supplement Insurance, or Medigap. This coverage is designed to fill the gaps left by standard Medicare plans and provide you with truly comprehensive coverage.
The Freelancers Union
For gig workers who are members of the Freelancers Union, there is the option to join one of the health insurance plans they make available to their members. The Freelancers Union offers a variety of coverage options, including dental and vision insurance, at discounted rates for members.
Medicaid
Lastly, if you’re unable to afford any of the above options and you meet specific income requirements, you may be eligible for government-funded health insurance programs such as Medicaid. These programs offer either comprehensive or limited-benefit coverage and can be a lifesaver for gig workers with limited financial resources.
Other Things To Note:
If you leave a job for any reason and lose job-based insurance: You have 60 days from the date you lose coverage to enroll in a marketplace plan. You may also be eligible for an affordable COBRA coverage.
If your income changes: Notify your marketplace about any changes in income, as it may affect your eligibility for premium tax credits or cost-sharing reductions.
Don’t forget about taxes: As a gig worker, you are responsible for paying self-employment taxes.
Consult a professional: It’s crucial to consult with an agent or seek assistance from a healthcare navigator when choosing the right health insurance plan for you. They can help evaluate your options and provide personalized recommendations based on your specific needs and budget.
Finding Health Insurance for Freelancers
As a gig worker, it’s essential to prioritize your health and have proper health insurance coverage. With the variety of options available, you can find a plan that meets your needs and fits your budget. Remember to consider costs, coverage, convenience, and enrollment periods when choosing a plan. And if you’re still unsure which option is best for you, don’t hesitate to seek professional guidance and send us a message here at Southern Guaranty Insurance Company (SGIC) at info@sginsco.com or the contact form below.
by alison | Oct 15, 2023 | Short Term Medical Insurance, Supplemental Insurance, Uncategorized
Health insurance can be a complex topic to navigate, especially if you are new to it. One term that is important to know and understand is “enrollment period.” What does this mean exactly, and why is it important to understand?
We’re going to cover everything you need to know about enrollment periods in health insurance, including the different types of enrollment periods, deadlines to keep in mind, and why you should pay attention to them.
What Does “Enrollment Period” Mean in Health Insurance?
First off, what exactly is an enrollment period and when do they occur? Simply put, an enrollment period is a specific period of time during which you can enroll in or change your health insurance plan.
The most common enrollment period is the Annual Enrollment Period (AEP), which typically lasts from November 1st to December 15th each year. During the AEP, you can enroll in a new health insurance plan or make changes to your current plan, such as switching to a different provider or changing your coverage options.
Outside of the AEP, there are other enrollment periods to be aware of. For instance, if you experience a qualifying life event, such as getting married, having a baby, or losing your job, you may be eligible for a Special Enrollment Period (SEP). This allows you to enroll in or make changes to your health insurance plan outside of the regular AEP.
Keep in mind that you typically only have a limited amount of time to act on your SEP, so be sure to double-check the deadlines with your health insurance provider.
Another type of enrollment period to be aware of is the Open Enrollment Period (OEP) for Medicare. This occurs annually from January 1st to March 31st and allows Medicare beneficiaries to enroll in or switch their coverage for the upcoming year.
Beyond the OEP, Medicare beneficiaries may be able to enroll in Medicare Advantage or make changes to their plan during a Special Enrollment Period, similar to the SEP for other health insurance plans.
Let’s Recap On Enrollment Periods:
- An Enrollment Period is a specified time in which you can enroll or change your health insurance
- Annual Enrollment Period (AEP) for health insurance typically runs from November 1st to December 15th each year.
- Special Enrollment Periods (SEP) are available if you experience a qualifying life event.
- Open Enrollment Period (OEP) for Medicare runs from January 1st to March 31st each year.
- Medicare beneficiaries may also be eligible for a Special Enrollment Period.
Why Are Enrollment Periods Important?
Enrollment periods are important because they give you the opportunity to enroll in or make changes to your health insurance coverage. This is especially crucial if you experience a major life event, as it allows you to adjust your coverage accordingly.
Additionally, missing an enrollment period can result in penalties and gaps in coverage. For instance, if you miss the AEP for health insurance and do not have a qualifying life event, you may have to wait until the next AEP to enroll in or make changes to your coverage. This can leave you without health insurance for a significant amount of time.
That’s why it’s essential to pay attention to enrollment periods and their deadlines. By staying informed and acting within the specified time frames, you can ensure that you have the health insurance coverage you need when you need it.
What to Do If You Missed Open Enrollment
If you missed an enrollment period, don’t panic. There may still be options available to you.
For instance, if you missed the AEP for health insurance and do not have a qualifying life event, you may still be able to enroll in a short-term health insurance plan. These plans are designed to provide temporary coverage for those who are between jobs or waiting for their next enrollment period.
Short-term medical insurance is perfect for anyone who needs temporary coverage while they wait for their next enrollment period. It’s also worth noting that short-term health insurance typically does not cover pre-existing conditions and may have limitations on coverage options, so be sure to carefully review the details before enrolling.
There are significant differences between short-term and long-term insurance, so you’ll want to know the difference before trying to enroll in either. If you’re unsure about which type of health insurance is right for you, it’s best to consult with a licensed insurance agent who can guide you through the process and help you find the coverage that meets your needs.
Still Have Questions?
Understanding enrollment periods in health insurance is crucial for making sure you have the coverage you need when life events occur. By familiarizing yourself with the different types of enrollment periods and their deadlines, you can ensure that you have the right health insurance plan for your needs.
If you do happen to miss an enrollment period, don’t panic – there are still options available to you such as short-term health insurance.
If you’re unsure what type of insurance is right for you and need guidance, you can contact your local health insurance company.
by Meriel Lesseig | Jan 28, 2019 | Supplemental Insurance
When you think of accident insurance, does a picture of a quacking duck pop into your head? What’s a duck got to do with accident insurance? Probably about as much as a lizard has to do with car insurance. But the real question is: what is accident insurance?
Accident insurance supplements regular health insurance by paying benefits when a catastrophic accident causes serious injury or death. An accident insurance policy can supplement not only your health insurance but your life insurance as well and give you some peace of mind for when life doesn’t go as planned.
Types of Accident Insurance
Insurance that covers accidents comes in different types, such as accident medical expense insurance and accidental death and dismemberment (AD&D) insurance.
SGIC’s Accident Insurance is a robust solution that includes multiple options, which allows you to customize a policy to fit your specific needs. With SGIC, you have the choice to purchase just an accidental death benefit or the more comprehensive AD&D benefit. Let’s explore more of the differences in these types of accident insurance coverage:
- The Accidental Death benefit pays your beneficiary a lump sum if you die as a result of an unforeseen accident.
- The Accidental Death and Dismemberment (AD&D) benefit pays you (or your beneficiary if you die) if you sustain a serious injury or die because of an unforeseen accident. Covered injuries for this type of supplemental insurance policy include loss of hands, feet, fingers, and toes; loss of hearing and sight; and loss of speech.
As part of your policy you can include an SGIC Accident Medical Expense benefit rider, which pays you a lump sum for ambulance, emergency room, hospital, doctor and nursing services, rehab, prescriptions, and even dental and vision services needed as result of that accident.
You can also add a Critical Illness benefit rider, which covers life-threatening conditions such as cancer, stroke, heart attack, coronary artery bypass graft, major organ transplant, paralysis, kidney failure, and coma.
Do I Need Accident Insurance?
Accidents happen. It’s not a bad idea to have accident insurance if you and your family live the adventurous life and travel a lot. If you have a high-deductible health insurance plan, SGIC highly recommends you add supplemental accident insurance.
If you’re interested in learning more about accident insurance, call (888-912-47670) or email SGIC at info@sginsco.com.
*Updated January 2020: Currently SGIC isn’t offering these plans.
by Meriel Lesseig | Dec 18, 2018 | Supplemental Insurance
You saw the reminders. Maybe it was in your email. Maybe it popped up in your social feed. It might even have been a phone call or text. Yep. It’s that time of year again! Health insurance open enrollment!
Your intentions were good. You really were planning to sign up for health insurance this year. You might have even begun filling in an application. But you got distracted and forgot. Or maybe you hesitated because the premium seemed a little more than you wanted to pay. You went back to finish the application…oops! The deadline had passed for open enrollment. Now what?
As you know, open enrollment is the limited period of time in which you can enroll in, opt out of, or make changes to your health insurance. Employers with more than 50 employees that offer health insurance must have an annual open enrollment period. The Affordable Care Act (ACA) marketplace exchange and off-exchange major medical insurers also have a yearly open enrollment.
If you miss open enrollment (which is usually 30 days but could be as long as 3 months), you will be unable to enroll in ACA-compliant health insurance until the next open enrollment period, unless you have a qualifying event, which could be getting married, having a baby, or changing jobs. This generally applies whether you’re getting insurance through your employer (or your spouse’s employer) or through the marketplace.
I Missed Open Enrollment. What Options Do I Have?
However, if you need health insurance, you still have options even though you missed open enrollment. People who qualify for Medicaid or CHIP (Children’s Health Insurance Plan) can enroll at any time.
Additional options include short-term health insurance and supplemental insurance, such as limited indemnity medical, critical illness, or accident insurance, which allow year-round enrollment and often provide coverage almost immediately.
Health Insurance Options Outside of Open Enrollment
SGIC’s Short Term Medical Insurance is most similar to major medical insurance offered by employers or Obamacare. Coverage can include doctor’s office visits, urgent care and emergency rooms, in- and out-patient surgery, wellness care, and a number of other key medical benefits. Because these plans have a range of deductibles, coinsurance levels, copayments, and terms, you can customize a plan that fits both your personal health requirements and your budget.
Limited Indemnity Medical Insurance from SGIC also includes doctor’s office visits, surgical services, wellness care, hospital stays, ambulance transport, and emergency room visits. Limited Indemnity Medical Insurance pays a fixed benefit amount directly to you, and the plan’s flexibility allows you to choose your own doctors and hospitals.
Other affordable options include critical illness and accident insurance. Each of these offers very specific types of coverage. For example, critical illness insurance generally covers common critical illnesses such as cancer, heart attack, and stroke. Accident insurance usually pays an accidental death benefit and may also include accident-related medical expenses.
The only thing to keep in mind about short-term and supplemental insurance is that they are not ACA-compliant, are not required to cover the 10 essential health benefits, may exclude pre-existing conditions, and may require answers to health questions (underwriting).
However, at SGIC we believe that some health insurance coverage is always better than no coverage. We are in the business of providing peace of mind through innovative insurance products and services designed specifically to fit your lifestyle and protect what matters most.
Need help finding health insurance? Call us at (888) 912-4767 to discuss your coverage options outside of open enrollment.
by Meriel Lesseig | Nov 16, 2018 | Supplemental Insurance
Medicare, the U.S. government-provided health insurance for seniors, is designed to cover 80% of the insured’s healthcare expenses. For the retiree, that remaining 20%, including deductibles, coinsurance, copays, and other out-of-pocket expenses, can quickly add up and put a strain on what might be a fixed income. Medicare Supplement insurance, offered by private insurers like SGIC, can help ease the burden of some of those healthcare costs.
Medicare Supplement insurance, also known as Medigap, complements an individual’s Medicare coverage, and works when you need it most, whether you need help covering high deductibles, prescriptions, or have a family history of critical illness.
Before signing up for a Medicare Supplement plan, you will want to consider the following:
- What medical expenses do you pay for now that Medicare does not cover? Figure this out by adding up your deductibles, coinsurance, and copayments.
- Are you in good health? Has your health status changed recently? Do you feel you may need more medical care now than previously?
- How often do you expect to see a doctor? Do you need coverage that may include durable medical equipment, or do you think you may spend time in a hospital or skilled nursing facility?
- Would any of the Medicare Supplement plans currently be beneficial to you?
- Is the cost of a Medicare Supplement plan lower than what you would anticipate paying for out-of-pocket if you did not have a supplemental plan?
Keep in mind that Medicare Supplement plans are not standalone health insurance policies—they work with your current Medicare policy and are standardized to cover the same Medicare-approved services across insurers. Individuals can choose their insurance provider, such as SGIC, based on service and price because they know for, example, Medicare Supplement Plan F is the same plan whether SGIC sells it or Aetna sells it. Individuals are not restricted to a specific network either and can continue to see the same doctors and specialists they always have.
SGIC offers Medicare Supplement Plan A, which provides basic benefits including coverage for hospice care and Medicare Part B coinsurance, and Plans B (in some states as required by law), F, G, and N. These plans offer more comprehensive coverage, such as Medicare Part B excess charges and deductibles, skilled nursing facility coinsurance, and foreign travel emergency expenses. Premiums vary depending on the amount of coverage provided by the specific plan, as well as by age and where you live.
The best time to enroll in a Medicare Supplement insurance policy is during your initial open enrollment period, which starts the month you turn 65 and enroll in Medicare Part B Medical Insurance.
Supplemental health insurance plans can give you and your family peace of mind knowing that you are covered for your particular health and financial needs and do not have to go into debt paying out-of-pocket for healthcare expenses not covered by Medicare. If you would like to learn more about how SGIC can assist you with choosing your Medicare Supplement insurance and save you money, please call our Medicare Supplement Insurance Customer Service Center today at (833) 552-0828 for more information.
(Click here for more information on Medicare and Medigap. SGIC is not connected with or endorsed by the U.S. Government or the Federal Medicare Program.)
